Home / Centerstage / 2017 / june / Week 1 /
Yahoo's shareholders approve its $4.48 billion sale to Verizon, with the deal set to close on June 13, 2017. After merging with AOL, the new entity will be called "Oath." AOL plans to lay off over 2,000 employees post-merger. Marissa Mayer steps down as Yahoo's CEO, holding $186 million in stock. Yahoo’s price was reduced by $350 million after a major hacking incident.
Thursday, 8 June, 2017